Stephen Moore, whom President Donald Trump said he’ll nominate for a seat on the Federal Reserve, owes more than $75,000 in taxes and other penalties, according to the U.S. government.

A federal tax lien filed in the circuit court for Montgomery County, Maryland, where Moore owns a house, says that the government won a judgment against Moore for $75,328.80. The January 2018 filing said it was for unpaid taxes from the 2014 tax year and could accrue additional penalties and other costs.

An IRS spokesman said he was prohibited by law from commenting on the case. A White House spokesman declined to comment. Moore referred questions about the tax debt to his wife, Anne Carey.

Carey said the dispute originated with a deduction on Moore’s 2014 tax return in which he accidentally claimed the sum of his alimony and child-support payments to his former wife, when only alimony is deductible. Because Moore had moved, he never received notifications from the IRS after the agency audited the return, she said.

I don't know if people without a background in economics really grasp how bad it is that Trump is appointing Stephen Moore to the Fed.

Stephen Moore is wrong all the time, about pretty basic things —like whether prices are going up or down. But the bigger problem is that he openly advocates politicizing the Fed. This would cripple the bank’s ability to credibly commit to stable prices https://t.co/zrq0RqfsOG

Comments

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

The 2013 Supreme Court decision nullifying federal "preclearance" requirements for states and local governments with a past history of discriminating against minority voters continues to have widespread repercussions.

Before her discussion with Rep. Sheila Jackson Lee, the AM Joy host set up the segment by listing the vast array of choices of "high crimes and misdemeanors" Dems have from which to choose to impeach Trump.